Hong Kong has become the latest nation to introduce a 24×7, instant payments system as a fintech upgrade for retail payments in the country. Aptly dubbed the Faster Payment System (FPS), the initiative was first announced by the Hong Kong Monetary Authority (HKMA) – the country’s defacto central bank – two weeks ago. The newThe post Hong Kong Activates ‘Faster Payment System’ with 450,000 Public Registrations appeared first on CCN For Further Information Click on Below Button